The high levels of unsold residential inventory that has been a bane for the sector, has seen a sharp decline in recent months, signalling recovery for the housing sector facing slowdown for long time. According to recent industry statistics, the pan India unsold inventory has decreased 11% y-o-y to 1230 million square feet in March 2019 from March 2018.The inventory…
Author: Signature Global
Refreshed approach of Affordable Housing
With Prime Minister Narendra Modi getting a second term after a tremendous victory, the affordable housing segment is expected to continue to get the much-needed boost. Modi’s “Housing for all by 2022” or Pradhan Mantri Awas Yojana wishes to provide affordable housing by motivating developers and homebuyers with schemes and benefits.It focuses on providing affordable housing…
Modi 2.0 will offer a lot
India has chosen a government that in last tenure shown some positive signs of taking forward the economy. It also portrayed its intentions to bring about changes in the way things are done or industries being. Now that they are back, it is time to see how 2.0 pans out. Real estate got many lucrative…
Livability Index of New Gurugram to go up with canal water supply .
The water supply to Gurugram’s new sectors is set to get a major boost with the upcoming water boosting station to help supply canal water to about two dozen new sectors in the city, in turn improving the living standard of people residing in these sectors. In the absence of canal water supply, the residents of…
New City bus route to boost connectivity of New Gurugram
The new city bus route connecting Iffco Chowk to Manesar , recently launched by Gurugram Metropolitan City Bus Limited (GMCBL) is set to provide a major connectivity boost to large number of housing projects along NH8 from Gurugram to Manesar. This new city bus route spanning 25 km will start at Iffco Chowk and move…
Action Plan to boost Karnal Smart City project
The infrastructure in Karnal is set to get a major uplift with Haryana government chalking out a 100- day action plan to boost Karnal Smart City project along with Atal Mission for Rejuvenation and Urban Transformation (AMRUT) . The development work on the projects under these missions was affected after the imposition of model code of conduct for the Lok…
Connectivity with Sector 66- 67 Master Road to boost Sohna Road Realty
The recent move by Haryana Shahri Vikas Pradhikaran (HSVP) to connect the Sector 66- 67 Road with Sohna Road, by creating a diversion near Badshahpur, has come as a major boon for real estate in South of Gurugram. This link assumes significance as it facilitates commuters to hop on to Golf Course Extension Road by bypassing the congestion at…
Greater Noida’s direct link with Delhi to boost affordable housing
Greater Noida Authority’s nod to Metro link to directly connect national capital with Greater Noida through Dwarka- Noida Electronics City Blue Line will provide big connectivity push to real estate, particularly affordable housing. The 14.5 km long new Delhi Metro link to be constructed by Noida Metro Rail Corporation will branch out from Botanical Garden…
Gurugram Metro extension to boost property along Pataudi Road
The nod given by the Gurgaon Metropolitan Development Authority (GMDA) chaired by Haryana Chief Minister, to the extension of Delhi Metro to Old City, will open up doors for faster real estate development along fast emerging real estate corridor of Pataudi Road. The 31 km new extension route of Delhi Metro will start from Huda…
Gurugram’s infrastructural developments making it emerge as a major Realty hotspot
Gurugram, being one of the major emerging realty hubs is going through a series of infrastructural and industrial developments and is actively announcing key infrastructural plans in the city to flesh out the market sentiments and improve the real estate developments across the city and enhance Gurugram’s projection as a residential and commercial destination. Making…